VENDOR MANAGEMENT

Finding the right partners is
more important than ever.

 

shakehands2Vendor Management is no longer a back office task focused purely on pushing contracts through the system. It’s become a strategic function aligning service integration and business imperative within the enterprise.

Lake Shore Associates brings tools and knowledge that accelerate vendor selection, reduce costs, minimize risks, and maximize vendor performance. Our Vendor Management competency focuses on aligning our clients’ business and technical imperatives with strategic partners that can optimize every aspect of the relationship.

 

Specific areas of expertise include:

• Sourcing Strategy Definition

• Vendor Candidate Identification (including RFI/RFP)

• Vendor Capability Assessment

• Cost/Benefit Analysis

• Vendor Table Top Simulation

• Technical Capabilities and Fit Scoring

• New Vendor Contract Negotiation

• Existing Vendor Evaluation and Contract Refresh

• Life-cycle Vendor Performance Management